Sensex up 180 pts in opening trade on firm Asian cues

Mumbai: The Bombay Stock Exchange benchmark Sensex gained over 180 points in opening trade today on fresh buying influenced by firm cues from other Asian bourses amid easing concerns about the euro zone debt crisis.

The 30-share BSE index, which has lost almost 665 points over the previous two sessions, rose by 180.04 points, or 1.09 percent, to 16,681.78 in the first five minutes of trade this morning.

[caption id=“attachment_82486” align=“alignleft” width=“380” caption=“All the sectoral indices were trading in positive terrain. Punit Paranjpe/Reuters”]  [/caption]

All the sectoral indices were trading in positive terrain, with gains of up to 2.08 percent.

In a similar fashion, the wide-based National Stock Exchange Nifty Index moved up by 47.90 points, or 0.97 percent, to 4,994.70.

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Brokers said the trading sentiment improved on the back of a firming trend in the Asian region following overnight gains in the US market, coupled with easing concerns about the

euro zone’s debt woes.

In the Asian region, Japan’s Nikkei Index rose by 0.31 percent in morning trade today, while the Hong Kong stock market was closed in observance of a public holiday. The US

Dow Jones Industrial Average ended 0.63 percent higher in yesterday’s session.

PTI